Numbers
The statistics here generally
reflect the activities of the Real Estate Commission during the period from May
1, 2004 to April 30, 2005.
Contact
175,000 telephone calls
6,900,000+ website hits (a 329%
increase)
Publications
1,000,000+ publications distributed to
licensees, consumers and
applicants
Technology
Online license renewals increased 38%
5,700 student rosters electronically
processed for CE courses (a 211% increase)
Licensing
161,000 license record changed
13,061 applications processed for licenses by examination (a 14% increase
in addition to a 23% increase last year)
11,729 license examinations
administered (a
12% increase in addition to a 23% increase last year)
6,937 licenses by examination issued (a
17% increase in addition to a 26% increase last year)
3,832 broker licenses issued without
examination (a 16% increase in addition to a 20% increase last year)
436 licenses issued by reciprocity (a
17% increase)
1,235 firm licenses issued (a 23%
increase)
276 expired, surrendered and suspended
licenses reinstated
372 license applications regarding
character issues reviewed by Commission (a 22% increase)
154 license applicant conferences conducted (a 25% increase)
10 new private real estate school licenses
issued and 50 renewed
Education
44 real estate instructors approved and 30
renewed
69 new continuing education elective
courses approved (for a total of 348 courses)
19 new continuing education sponsors
approved (for a total of 192)
12 new continuing education Update
Course instructors approved (for a total of 120)
47 Broker-in-Charge Course sessions
conducted for 3,115 licensees
Audits/Investigations
89 field investigations completed
173 trust accounts examined
380 persons interviewed
26 trust account sessions
conducted for
1,031 students (a 30% increase)
Legal
1,128 case (complaint) files opened and
1,048 closed
18 licensees reprimanded
54 licenses suspended
40 licenses revoked
11 licenses surrendered
47 cases utilized conditional remedies
14 Recovery Fund hearings
conducted
59 license application hearings held (a 127% increase)